Current Affairs Quiz-September, 2020

Notes:
Leading Private sector bank of India, ICICI Bank has launched an exclusive programme for start-ups named ‘iStartup2.0’.
Under this programme, a Current Account can be created for new businesses that are up to ten years old seamlessly. The Bank has integrated its APIs with the website of the Ministry of Corporate Affairs (MCA) and the account number is obtained at the time of incorporation.

Notes:
The Ministry of Housing and Urban Affairs (MoHUA) has launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0.
The Climate Centre for Cities under National Institute of Urban Affairs (NIUA) will implement the program. It aims to provide a plan for cities to combat Climate Change while implementing their actions. He also launched a pedestrian-friendly program ‘Streets for People Challenge’.

Notes:
Indian Prime Minister Narendra Modi addressed a Conclave on “School Education in 21st Century” today through video conference.
This video conference was held on the background of National Education Policy 2020, as a part of the Shiksha Parv initiative. The Prime Minister also announced that School students will have new curriculum framework by 2022.

Notes:
The Pune based SII -Serum Institute of India has paused the clinical trial of COVID vaccine candidate. The vaccine is being developed by Oxford University’s Jenner Institute and Astra Zeneca.
Serum Institute has stopped the trial after a notice from the Drug Controller General of India (DCGI). The trials of COVID vaccine were stopped globally after one of the recipients in U.K. showed adverse symptoms.

Notes:
Reliance Industries Limited (RIL) has become the first Indian company to surpass USD 200 billion in market capitalisation. The RIL had market capitalisation of Rs.15.3 trillion (USD 208 billion).
RIL is followed by Tata Consultancy Services (TCS) with market capitalization of Rs 8.75 trillion (USD 119 billion). RIL is the 40th most valuable firm globally.

Notes:
The National Fertilizers Limited is a Mini Ratna PSU under the Ministry of Chemicals and Fertilizers. It is head quartered at Noida.
Recently, it is in news because, it has surpassed its productions targets by producing 16.11 Lakh MT of urea in first 5 months of 2020-21. This figure is 13% higher compared to the production made by the company during the same period of previous year.

Notes:
The Department for Promotion of Industry and Internal Trade (DPIIT) has recently released the States’ Start-up Ranking Framework 2019.
As per the ranking, Gujarat has been named as the best performer among states and Andaman & Nicobar Islands has been named as the best performer in the category of Union Territory. Karnataka and Kerala emerged as the Top performers. The framework is based on 7 broad reform areas.

Notes:
The Asian Development Bank (ADB) and France’s ENGIE group have signed a long-term loan of up to Rs 466 crore to set up a 200-MW solar power project in Gujarat.
The project that is to be developed in the Raghanesda Solar Park, is expected to be commissioned in the first half of 2021. Electro Solaire Private Limited (ESPL), a special purpose vehicle owned by the ENGIE group, will implement the project.

Notes:
India has been ranked at 105th position in the Economic Freedom Index 2020.
‘The Economic Freedom of the World: 2020 Annual Report’ has been released by Fraser Institute of Canada in collaboration with New Delhi based think tank “Centre For Civil Society”. As per the report, Hong Kong and Singapore have topped the index.

Notes:
The Baghjan Oil Well of Oil India Limited (OIL) is located in Eastern Assam’s Tinsukia district has been put off.
A massive fire occurred in the Oil well due to equipment failure and it turned out into a blowout, which means uncontrolled escape of gas at great speed. Oil India Limited (OIL) and foreign experts managed to tame the fire after 110 days.